2012 Q4 Form 10-Q Financial Statement

#000104360412000023 Filed on November 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $1.141B $1.118B $1.106B
YoY Change 1.78% 1.13% 9.23%
Cost Of Revenue $407.8M $444.5M $394.2M
YoY Change -3.34% 12.76% 17.81%
Gross Profit $733.0M $673.8M $711.6M
YoY Change 4.88% -5.31% 4.99%
Gross Profit Margin 64.25% 60.25% 64.35%
Selling, General & Admin $316.4M $311.8M $299.4M
YoY Change 5.93% 4.14% 20.48%
% of Gross Profit 43.17% 46.27% 42.07%
Research & Development $275.1M $288.2M $257.1M
YoY Change 9.82% 12.1% 11.2%
% of Gross Profit 37.53% 42.77% 36.13%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $602.1M $631.0M $574.6M
YoY Change 6.43% 9.82% 19.14%
Operating Profit $130.9M $42.80M $137.0M
YoY Change -1.73% -68.76% -29.92%
Interest Expense $12.80M $13.90M
YoY Change -7.91% 434.62%
% of Operating Profit 29.91% 10.15%
Other Income/Expense, Net $9.000M -$4.000M -$15.90M
YoY Change -184.11% -74.84% -8050.0%
Pretax Income $139.9M $38.80M $121.1M
YoY Change 14.2% -67.96% -38.12%
Income Tax $44.20M $22.00M $37.40M
% Of Pretax Income 31.59% 56.7% 30.88%
Net Earnings $95.70M $16.80M $83.70M
YoY Change -0.52% -79.93% -37.77%
Net Earnings / Revenue 8.39% 1.5% 7.57%
Basic Earnings Per Share $0.19 $0.03 $0.16
Diluted Earnings Per Share $0.19 $0.03 $0.16
COMMON SHARES
Basic Shares Outstanding 515.6M shares 521.2M shares 529.3M shares
Diluted Shares Outstanding 524.5M shares 536.6M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $2.408B $2.708B $2.722B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $57.20M $80.80M
Prepaid Expenses
Receivables $438.4M $397.1M $444.0M
Other Receivables
Total Short-Term Assets $3.601B $3.942B $4.132B
YoY Change -18.9% -4.58% 44.12%
LONG-TERM ASSETS
Property, Plant & Equipment $811.9M $768.5M $576.4M
YoY Change 35.63% 33.33% 18.9%
Goodwill $4.058B $3.987B $3.929B
YoY Change 3.3% 1.49% 4.49%
Intangibles $128.9M $118.7M $130.0M
YoY Change 4.71% -8.75% 173.01%
Long-Term Investments
YoY Change
Other Assets $138.3M $140.6M $74.53M
YoY Change 83.67% 88.67% 38.24%
Total Long-Term Assets $6.231B $6.018B $5.576B
YoY Change 12.4% 7.94% 10.98%
TOTAL ASSETS
Total Short-Term Assets $3.601B $3.942B $4.132B
Total Long-Term Assets $6.231B $6.018B $5.576B
Total Assets $9.832B $9.961B $9.707B
YoY Change -1.52% 2.61% 23.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $209.3M $224.2M $262.6M
YoY Change -35.58% -14.61% 4.44%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.422B $1.502B $1.367B
YoY Change -3.05% 9.89% 10.15%
LONG-TERM LIABILITIES
Long-Term Debt $999.2M $999.1M $999.0M
YoY Change 0.02% 0.01%
Other Long-Term Liabilities $69.10M $41.62M $74.62M
YoY Change 5.5% -44.22% 68.32%
Total Long-Term Liabilities $1.068B $1.041B $1.074B
YoY Change 0.36% -3.06% 2321.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.422B $1.502B $1.367B
Total Long-Term Liabilities $1.068B $1.041B $1.074B
Total Liabilities $2.833B $2.881B $2.440B
YoY Change -2.13% 18.05% 89.89%
SHAREHOLDERS EQUITY
Retained Earnings -$2.911B -$2.968B -$3.069B
YoY Change -2.05% -3.27% -2.21%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.999B $7.079B $6.938B
YoY Change
Total Liabilities & Shareholders Equity $9.832B $9.961B $9.707B
YoY Change -1.52% 2.61% 23.02%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $95.70M $16.80M $83.70M
YoY Change -0.52% -79.93% -37.77%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In July 2012, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2012-02, Topic 350 -&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other</font><font style="font-family:inherit;font-size:10pt;">&#160;("ASU 2012-02"), which amends Topic 350 to allow an entity to first assess qualitative factors to determine whether it is more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying value. An entity would not be required to determine the fair value of the indefinite-lived intangible unless the entity determines, based on the qualitative assessment, that it is more likely than not that its fair value is less than the carrying value. ASU 2012-02 is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012 and early adoption is permitted. The Company intends to adopt this standard in the first quarter of 2013 and does not expect the adoption will have an impact on our consolidated results of operations or financial condition.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In September 2011, the FASB issued Accounting Standards Update ASU No. 2011-08, Topic 350 -&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Intangibles - Goodwill and Other</font><font style="font-family:inherit;font-size:10pt;">&#160;("ASU 2011-08"), which amends Topic 350 and provides entities an option to&#160;perform a qualitative assessment to determine whether further impairment testing on goodwill is&#160;necessary. Specifically, an entity has the option to first assess qualitative factors to determine whether it is&#160;necessary to perform the current two-step test.&#160;If an entity believes, as a result of its&#160;qualitative assessment, that it is more-likely-than-not that the fair value of a reporting&#160;unit is less than its carrying amount, the quantitative&#160;impairment test is required.&#160;Otherwise, no further testing is required. The Company adopted this standard in the first quarter of 2012. The Company&#8217;s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2011, the FASB issued ASU No.&#160;2011-05, Topic 220 -&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Comprehensive&#160;Income&#160;</font><font style="font-family:inherit;font-size:10pt;">(&#8220;ASU 2011-05&#8221;), which&#160;requires companies to present net income and other comprehensive income in one continuous statement or in two separate, but consecutive, statements.&#160;In addition, in December 2011, the FASB issued ASU No. 2011-12, Topic 220 -&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Comprehensive Income</font><font style="font-family:inherit;font-size:10pt;">&#160;("ASU 2011-12"), which defers the requirement to present components of reclassifications of other comprehensive income on the face of the income statement.&#160;The Company adopted both standards in the first quarter of 2012. The Company&#8217;s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2011, the FASB issued ASU No.&#160;2011-04, Topic 820 -&#160;</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs&#160;</font><font style="font-family:inherit;font-size:10pt;">(&#8220;ASU 2011-04&#8221;), which amends the fair value measurement guidance and includes some enhanced disclosure requirements. The most significant change in disclosures is an expansion of the information required for Level 3 measurements based on unobservable inputs.&#160;The Company adopted this standard in the first quarter of 2012. The Company&#8217;s adoption of the standard during the first quarter of 2012 did not impact its consolidated results of operations or financial condition.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
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CY2012Q3 us-gaap Preferred Stock Shares Issued
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0 shares
CY2012Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2011Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
156222000 USD
CY2012Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
168625000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
88225000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
341063000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
991556000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
431705000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
446150000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-7616000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-16167000 USD
CY2011Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
142800000 USD
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
482500000 USD
us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
544700000 USD
CY2012Q3 us-gaap Proceeds From Sale And Collection Of Receivables
ProceedsFromSaleAndCollectionOfReceivables
156700000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
32715000 USD
us-gaap Proceeds From Sale And Maturity Of Other Investments
ProceedsFromSaleAndMaturityOfOtherInvestments
2143000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1050936000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
625119000 USD
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
24300000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
83671000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
16814000 USD
us-gaap Profit Loss
ProfitLoss
328849000 USD
us-gaap Profit Loss
ProfitLoss
90803000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
598581000 USD
CY2012Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
768530000 USD
CY2012Q3 us-gaap Purchase Obligation
PurchaseObligation
105000000 USD
CY2012Q3 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
0 USD
CY2012Q3 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
0 USD
CY2012Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
0 USD
CY2012Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
0 USD
CY2012Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
1430000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
776325000 USD
CY2012Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
288178000 USD
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
826514000 USD
CY2011Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
257096000 USD
CY2012Q3 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
102661000 USD
CY2011Q4 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
78307000 USD
us-gaap Restructuring And Related Cost Expected Cost
RestructuringAndRelatedCostExpectedCost
20000000 USD
CY2012Q3 us-gaap Restructuring Charges
RestructuringCharges
31018000 USD
us-gaap Restructuring Charges
RestructuringCharges
36218000 USD
CY2011Q3 us-gaap Restructuring Charges
RestructuringCharges
16813000 USD
us-gaap Restructuring Charges
RestructuringCharges
15550000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
88618000 USD
us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
15550000 USD
CY2011Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
16813000 USD
CY2012Q3 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
83400000 USD
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
4100000 USD
CY2012Q3 us-gaap Restructuring Reserve
RestructuringReserve
32800000 USD
us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
8100000 USD
us-gaap Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
600000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
24.73
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2972402000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2968220000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2630803000 USD
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
2414714000 USD
CY2012Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
838179000 USD
CY2011Q3 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
861935000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
3327952000 USD
CY2011Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1105796000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
1118311000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
3224568000 USD
CY2011Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
243861000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
697149000 USD
CY2012Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
280132000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
809854000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
17100000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
747859000 USD
CY2012Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
261026000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
778200000 USD
CY2011Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
254933000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
165236000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
186002000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
27400000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
23.59
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
24800000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1600000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
1100000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2100000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
3100000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
17200000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
35700000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
38600000 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.98
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
34600000 shares
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
24.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue
57100000 USD
CY2012Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested In Period Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedInPeriodFairValue
14200000 USD
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
10.84
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
26.97
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
25.61
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
22.81
CY2012Q3 us-gaap Share Price
SharePrice
17.11
CY2012Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
15400000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M
CY2011Q4 us-gaap Short Term Investments
ShortTermInvestments
641323000 USD
CY2012Q3 us-gaap Short Term Investments
ShortTermInvestments
439278000 USD
CY2012Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
-2500000 USD
CY2012Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
29800000 USD
CY2011Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
28300000 USD
CY2012Q3 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
29776000 USD
CY2011Q4 us-gaap Standard Product Warranty Accrual Current
StandardProductWarrantyAccrualCurrent
28276000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
22800000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2800000 shares
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
818200000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
21300000 shares
CY2011Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
8900000 shares
CY2012Q3 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
13900000 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
17500000 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
541200000 USD
CY2012Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
250000000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
395600000 USD
CY2011Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
191000000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
7079404000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
7089182000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7089658000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
7079880000 USD
CY2011Q4 us-gaap Trading Securities Cost
TradingSecuritiesCost
9300000 USD
CY2012Q3 us-gaap Trading Securities Cost
TradingSecuritiesCost
12600000 USD
CY2011Q4 us-gaap Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
9300000 USD
CY2012Q3 us-gaap Trading Securities Fair Value Disclosure
TradingSecuritiesFairValueDisclosure
12600000 USD
CY2011 us-gaap Trading Securities Unrealized Holding Gain
TradingSecuritiesUnrealizedHoldingGain
0 USD
us-gaap Trading Securities Unrealized Holding Gain
TradingSecuritiesUnrealizedHoldingGain
0 USD
CY2011 us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
0 USD
us-gaap Trading Securities Unrealized Holding Loss
TradingSecuritiesUnrealizedHoldingLoss
0 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
9600000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
3300000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
544086000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
524537000 shares
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
536583000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
530343000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
529286000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
530994000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
521178000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
525419000 shares
CY2012Q3 jnpr Accrued Estimate Carrying Charges Or Obsolete Materials Charges
AccruedEstimateCarryingChargesOrObsoleteMaterialsCharges
18500000 USD
CY2011Q3 jnpr Acquisition Related And Other Charges
AcquisitionRelatedAndOtherCharges
18000 USD
jnpr Acquisition Related And Other Charges
AcquisitionRelatedAndOtherCharges
1186000 USD
jnpr Acquisition Related And Other Charges
AcquisitionRelatedAndOtherCharges
6804000 USD
CY2012Q3 jnpr Acquisition Related And Other Charges
AcquisitionRelatedAndOtherCharges
250000 USD
jnpr Amortization Of Purchased Intangible Assets
AmortizationOfPurchasedIntangibleAssets
20200000 USD
CY2012Q3 jnpr Amortization Of Purchased Intangible Assets
AmortizationOfPurchasedIntangibleAssets
9000000 USD
CY2011Q3 jnpr Amortization Of Purchased Intangible Assets
AmortizationOfPurchasedIntangibleAssets
6700000 USD
jnpr Amortization Of Purchased Intangible Assets
AmortizationOfPurchasedIntangibleAssets
25100000 USD
CY2011 jnpr Available For Sale Investments And Publicly Traded Securities Unrealized Gain
AvailableForSaleInvestmentsAndPubliclyTradedSecuritiesUnrealizedGain
1400000 USD
jnpr Available For Sale Investments And Publicly Traded Securities Unrealized Gain
AvailableForSaleInvestmentsAndPubliclyTradedSecuritiesUnrealizedGain
4600000 USD
CY2011 jnpr Available For Sale Investments And Publicly Traded Securities Unrealized Loss
AvailableForSaleInvestmentsAndPubliclyTradedSecuritiesUnrealizedLoss
800000 USD
jnpr Available For Sale Investments And Publicly Traded Securities Unrealized Loss
AvailableForSaleInvestmentsAndPubliclyTradedSecuritiesUnrealizedLoss
0 USD
CY2011Q4 jnpr Available For Sale Investments And Trading Securities Amortized Cost
AvailableForSaleInvestmentsAndTradingSecuritiesAmortizedCost
2732100000 USD
CY2012Q3 jnpr Available For Sale Investments And Trading Securities Amortized Cost
AvailableForSaleInvestmentsAndTradingSecuritiesAmortizedCost
2941200000 USD
CY2011Q4 jnpr Available For Sale Investments And Trading Securities Fair Value
AvailableForSaleInvestmentsAndTradingSecuritiesFairValue
2732700000 USD
CY2012Q3 jnpr Available For Sale Investments And Trading Securities Fair Value
AvailableForSaleInvestmentsAndTradingSecuritiesFairValue
2945800000 USD
CY2012Q3 jnpr Available For Sale Investments Fair Value
AvailableForSaleInvestmentsFairValue
2929600000 USD
jnpr Available For Sale Securities Debt Maturities Unrealized Gain
AvailableForSaleSecuritiesDebtMaturitiesUnrealizedGain
4000000 USD
jnpr Available For Sale Securities Debt Maturities Unrealized Loss
AvailableForSaleSecuritiesDebtMaturitiesUnrealizedLoss
0 USD
CY2012Q3 jnpr Campus Build Out Commitments
CampusBuildOutCommitments
81100000 USD
CY2012Q3 jnpr Carrying Value Of Intangible Assets
CarryingValueOfIntangibleAssets
5400000 USD
CY2011Q4 jnpr Cash Received From Financing Provider That Has Not Been Recognized As Revenue
CashReceivedFromFinancingProviderThatHasNotBeenRecognizedAsRevenue
33300000 USD
CY2012Q3 jnpr Cash Received From Financing Provider That Has Not Been Recognized As Revenue
CashReceivedFromFinancingProviderThatHasNotBeenRecognizedAsRevenue
17800000 USD
jnpr Common Stock For Each Share Subject To Rsus And Psas
CommonStockForEachShareSubjectToRsusAndPsas
2.1 pure
jnpr Common Stock Repurchased Under Stock Repurchase Program Average Purchase Price
CommonStockRepurchasedUnderStockRepurchaseProgramAveragePurchasePrice
18.60
CY2011Q3 jnpr Common Stock Repurchased Under Stock Repurchase Program Average Purchase Price
CommonStockRepurchasedUnderStockRepurchaseProgramAveragePurchasePrice
21.47
jnpr Common Stock Repurchased Under Stock Repurchase Program Average Purchase Price
CommonStockRepurchasedUnderStockRepurchaseProgramAveragePurchasePrice
30.93
CY2012Q3 jnpr Common Stock Repurchased Under Stock Repurchase Program Average Purchase Price
CommonStockRepurchasedUnderStockRepurchaseProgramAveragePurchasePrice
18.00
CY2011Q3 jnpr Corporate Unallocated Expenses
CorporateUnallocatedExpenses
255100000 USD
CY2012Q3 jnpr Corporate Unallocated Expenses
CorporateUnallocatedExpenses
266500000 USD
jnpr Corporate Unallocated Expenses
CorporateUnallocatedExpenses
755400000 USD
jnpr Corporate Unallocated Expenses
CorporateUnallocatedExpenses
794200000 USD
jnpr Decrease In Restricted Cash
DecreaseInRestrictedCash
79600000 USD
CY2012Q3 jnpr Decrease In Restricted Cash
DecreaseInRestrictedCash
100000 USD
CY2012Q3 jnpr Contractual Obligation Remainder Of Fiscal Year
ContractualObligationRemainderOfFiscalYear
252100000 USD
CY2012Q3 jnpr Estimated Incremental Tax Liability Excluding Interest And Penalties Related To Nopa
EstimatedIncrementalTaxLiabilityExcludingInterestAndPenaltiesRelatedToNopa
807000000 USD
CY2012Q3 jnpr Estimated Incremental Tax Liability Excluding Interest And Penalties Related To Pnod
EstimatedIncrementalTaxLiabilityExcludingInterestAndPenaltiesRelatedToPnod
92000000 USD
CY2012Q3 jnpr Fair Value Liabilities Measured On Nonrecurring Basis Liabilities
FairValueLiabilitiesMeasuredOnNonrecurringBasisLiabilities
0 USD
CY2011Q4 jnpr Fair Value Liabilities Measured On Nonrecurring Basis Liabilities
FairValueLiabilitiesMeasuredOnNonrecurringBasisLiabilities
0 USD
CY2012Q3 jnpr Fair Value Of Cost Method Investments Subsequent To Impairment
FairValueOfCostMethodInvestmentsSubsequentToImpairment
0 USD
CY2012Q3 jnpr Fair Value Of Intangible Asset Subsequent To Impairment
FairValueOfIntangibleAssetSubsequentToImpairment
0 USD
CY2011Q4 jnpr Finite Lived Intangible Assets Impairments And Other Charges
FiniteLivedIntangibleAssetsImpairmentsAndOtherCharges
0 USD
CY2012Q3 jnpr Finite Lived Intangible Assets Impairments And Other Charges
FiniteLivedIntangibleAssetsImpairmentsAndOtherCharges
16100000 USD
jnpr Gross Unrealized Gains Due Between One And Five Years
GrossUnrealizedGainsDueBetweenOneAndFiveYears
3500000 USD
jnpr Gross Unrealized Gains Due Within One Year
GrossUnrealizedGainsDueWithinOneYear
500000 USD
jnpr Gross Unrealized Losses Due Between One And Five Year
GrossUnrealizedLossesDueBetweenOneAndFiveYear
0 USD
jnpr Gross Unrealized Losses Due Within One Year
GrossUnrealizedLossesDueWithinOneYear
0 USD
CY2012Q3 jnpr Impairment Of Intangible Assets Related To Fair Value Measurement
ImpairmentOfIntangibleAssetsRelatedToFairValueMeasurement
5400000 USD
CY2011Q3 jnpr Impairment Of Intangible Assets Related To Fair Value Measurement
ImpairmentOfIntangibleAssetsRelatedToFairValueMeasurement
0 USD
jnpr Impairment Of Intangible Assets Related To Fair Value Measurement
ImpairmentOfIntangibleAssetsRelatedToFairValueMeasurement
5400000 USD
jnpr Impairment Of Intangible Assets Related To Fair Value Measurement
ImpairmentOfIntangibleAssetsRelatedToFairValueMeasurement
0 USD
CY2012Q3 jnpr Indemnity Related Escrow Amount
IndemnityRelatedEscrowAmount
48700000 USD
CY2011Q4 jnpr Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
593800000 USD
CY2012Q3 jnpr Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
630600000 USD
CY2012Q3 jnpr Intangible Assets No Longer Utilized
IntangibleAssetsNoLongerUtilized
10700000 USD
CY2012Q3 jnpr Investment In Privately Held Companies
InvestmentInPrivatelyHeldCompanies
5000000 USD
jnpr Investment In Privately Held Companies
InvestmentInPrivatelyHeldCompanies
34500000 USD
CY2011Q3 jnpr Investment In Privately Held Companies
InvestmentInPrivatelyHeldCompanies
25600000 USD
jnpr Investment In Privately Held Companies
InvestmentInPrivatelyHeldCompanies
11100000 USD
CY2012Q3 jnpr Long Term Debt Future Interest Payment Due
LongTermDebtFutureInterestPaymentDue
826200000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment After Year Five
LongTermDebtInterestPaymentAfterYearFive
643600000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment In Year Five
LongTermDebtInterestPaymentInYearFive
41900000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment In Year Four
LongTermDebtInterestPaymentInYearFour
46900000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment In Year Three
LongTermDebtInterestPaymentInYearThree
46900000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment In Year Two
LongTermDebtInterestPaymentInYearTwo
46900000 USD
CY2012Q3 jnpr Long Term Debt Interest Payment Remainder Of Fiscal Year
LongTermDebtInterestPaymentRemainderOfFiscalYear
0 USD
jnpr Number Of Days Due From Receivable
NumberOfDaysDueFromReceivable
P30D
CY2012Q3 jnpr Other Commitment Remainder Of Fiscal Year
OtherCommitmentRemainderOfFiscalYear
131200000 USD
CY2011Q3 jnpr Other Comprehensive Income Loss Investments Adjustment Net Of Tax
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTax
-8700000 USD
jnpr Other Comprehensive Income Loss Investments Adjustment Net Of Tax
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTax
17500000 USD
jnpr Other Comprehensive Income Loss Investments Adjustment Net Of Tax
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTax
-5800000 USD
CY2012Q3 jnpr Other Comprehensive Income Loss Investments Adjustment Net Of Tax
OtherComprehensiveIncomeLossInvestmentsAdjustmentNetOfTax
8400000 USD
CY2012Q3 jnpr Out Of Period Adjustment
OutOfPeriodAdjustment
8200000 USD
CY2012Q3 jnpr Out Of Period Adjustment Prototype Development Costs
OutOfPeriodAdjustmentPrototypeDevelopmentCosts
18600000 USD
CY2012Q3 jnpr Out Of Period Adjustment Reversal Of Revenue Obligations
OutOfPeriodAdjustmentReversalOfRevenueObligations
6200000 USD
CY2012Q3 jnpr Out Of Period Adjustments Inventory Purchase
OutOfPeriodAdjustmentsInventoryPurchase
4200000 USD
CY2012Q3 jnpr Outstanding Stock Options And Restricted Stock Units From Awards Assumed
OutstandingStockOptionsAndRestrictedStockUnitsFromAwardsAssumed
1200000 shares
CY2012Q3 jnpr Purchase Obligation Remainder Of Fiscal Year
PurchaseObligationRemainderOfFiscalYear
105000000 USD
CY2012Q3 jnpr Purchased Assets Aggregate Consideration
PurchasedAssetsAggregateConsideration
87900000 USD
CY2012Q3 jnpr Purchased Assets Cash Consideration
PurchasedAssetsCashConsideration
75000000 USD
CY2012Q3 jnpr Purchased Assets Cash Consideration Payable
PurchasedAssetsCashConsiderationPayable
10000000 USD
CY2012Q3 jnpr Purchased Assets Cash Consideration Remitted During Period
PurchasedAssetsCashConsiderationRemittedDuringPeriod
65000000 USD
CY2012Q3 jnpr Purchased Assets Consideration Allocated To Prepaid Maintenance And Support
PurchasedAssetsConsiderationAllocatedToPrepaidMaintenanceAndSupport
1000000 USD
CY2012Q3 jnpr Purchased Assets Consideration Allocated To Software Acquired
PurchasedAssetsConsiderationAllocatedToSoftwareAcquired
84300000 USD
CY2012Q3 jnpr Purchased Assets Contingent Future Payment
PurchasedAssetsContingentFuturePayment
20000000 USD
CY2012Q3 jnpr Purchased Assets Transaction Costs
PurchasedAssetsTransactionCosts
300000 USD
jnpr Purchased Assets Useful Life
PurchasedAssetsUsefulLife
P6Y
CY2012Q3 jnpr Purchased Intangible Assets Accumulated Amortization
PurchasedIntangibleAssetsAccumulatedAmortization
495800000 USD
CY2011Q4 jnpr Purchased Intangible Assets Accumulated Amortization
PurchasedIntangibleAssetsAccumulatedAmortization
470700000 USD
CY2012Q3 jnpr Purchasedassetscontingentconsiderationnotrecorded
Purchasedassetscontingentconsiderationnotrecorded
10000000 USD
CY2012Q3 jnpr Receivables From Sale Of Receivables
ReceivablesFromSaleOfReceivables
152300000 USD
CY2011Q4 jnpr Receivables From Sale Of Receivables
ReceivablesFromSaleOfReceivables
162900000 USD
CY2012Q3 jnpr Sale Of Receivable
SaleOfReceivable
198800000 USD
CY2011Q3 jnpr Sale Of Receivable
SaleOfReceivable
153400000 USD
jnpr Sale Of Receivable
SaleOfReceivable
482000000 USD
jnpr Sale Of Receivable
SaleOfReceivable
552400000 USD
jnpr Share Based Compensation Arrangement By Share Based Payment Award Contractual Life Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardContractualLifeMaximum
P1Y
jnpr Share Based Payroll Tax Expense
ShareBasedPayrollTaxExpense
9200000 USD
CY2012Q3 jnpr Share Based Payroll Tax Expense
ShareBasedPayrollTaxExpense
100000 USD
CY2011Q3 jnpr Share Based Payroll Tax Expense
ShareBasedPayrollTaxExpense
200000 USD
jnpr Share Based Payroll Tax Expense
ShareBasedPayrollTaxExpense
1100000 USD
CY2012Q3 jnpr Technology Integration Services Fair Value
TechnologyIntegrationServicesFairValue
12600000 USD
CY2012Q3 jnpr Total Segment Contribution Margin
TotalSegmentContributionMargin
455900000 USD
jnpr Total Segment Contribution Margin
TotalSegmentContributionMargin
1268100000 USD
CY2011Q3 jnpr Total Segment Contribution Margin
TotalSegmentContributionMargin
476300000 USD
jnpr Total Segment Contribution Margin
TotalSegmentContributionMargin
1464600000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001043604
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
515574955 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
JUNIPER NETWORKS INC
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2012Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
233000000 USD
CY2011Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
307000000 USD

Files In Submission

Name View Source Status
0001043604-12-000023-index-headers.html Edgar Link pending
0001043604-12-000023-index.html Edgar Link pending
0001043604-12-000023.txt Edgar Link pending
0001043604-12-000023-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
jnpr-20120930.xml Edgar Link completed
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jnpr-20120930_cal.xml Edgar Link unprocessable
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